FORVIA HELLA Receives Exemplary Sustainability Practices Award for Second Consecutive Year

Strategic Insights -

FORVIA HELLA, a leading international automotive supplier, has been recognized for its outstanding achievements in environmental protection, social responsibility, and corporate governance in the Chinese market. The company has been awarded the Exemplary Sustainability Practices Award by the Huangpu District Government in Shanghai for the second time in a row, highlighting its consistent dedication to sustainability and commitment to supporting China's sustainable development goals.

Key Takeaways:

  • FORVIA HELLA has set an ambitious target to achieve net-zero emissions across its supply chain by 2045, reflecting its commitment to sustainability and long-term success.
  • The company is investing in renewable energy and smart manufacturing, with solar power systems generating approximately 8,600 megawatt-hours of electricity annually and reducing carbon emissions by nearly 5,000 tons each year.
  • FORVIA HELLA has made a meaningful contribution to the sustainable transformation of China's automotive industry through its impactful local actions, innovative product portfolio, and commitment to employee care and diversity.
  • The company has achieved significant milestones in sustainability, including the installation of solar power systems, the development of locally produced sustainable products, and the promotion of employee safety and well-being.
  • FORVIA HELLA's commitment to sustainability is guided by a robust sustainability governance structure, which ensures the implementation of sustainable practices throughout its operations.

Statistics:

  • 8,600 megawatt-hours of electricity generated annually by solar power systems
  • 5,000 tons of carbon emissions reduced annually through solar power systems
  • 2045 - Target year for achieving net-zero emissions across FORVIA HELLA's supply chain
  • 37% - Proportion of management and professional roles held by women in China
  • 2017 - Copyright year of Contify.com, the original source of the press release

Sources:

  • HELLA GmbH & Co. KGaA
  • HELLA GmbH & Co. KGaA, Oct. 14, 2023
  • Contify.com, 2017